ATR Optimizes Inventory Management with Syncron

October 23, 2024 06:00 PM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Top regional aircraft manufacturer strengthens service capabilities with AI-driven efficiency and predictive analytics

STOCKHOLM, Oct. 23, 2024 /PRNewswire/ -- Syncron, a leading provider of intelligent Service Lifecycle Management solutions, today announced that ATR, the world's number one regional aircraft manufacturer, has selected Syncron's Parts Planning software to improve the reliability, accuracy, and consistency of its inventory management.

ATR 72-600 prototype: Air to Air over "Le Bassin d'Arcachon" and "La Dune du Pyla"
ATR 72-600 prototype: Air to Air over "Le Bassin d'Arcachon" and "La Dune du Pyla"

ATR, based in Blagnac, France, is known for its innovative, efficient, and low-emission aircraft, which are flown by 200 airlines in over 100 countries. Maintaining resiliency in a challenging global context, with supply chain instability across the industry, required a modern solution able to support the company's commitment to quality service. The company has returned to growth over the past year, and required a solution able to scale with its operations. ATR chose Syncron's cloud-based platform to optimize its inventory operations and further its commitment of accelerating sustainable connections to the 1,300 airports ATR aircraft serve.

Syncron's Parts Planning platform will help ATR better forecast the complex demand patterns for its aircraft parts and inventory. Using AI, machine learning, and advanced analytics, Parts Planning accurately tracks demand trends and configures advanced simulations to plan and predict parts service needs, maximizing availability, minimizing waste, and reducing carbon emissions by reducing unnecessary or rushed orders.

"Our top priority is delivering innovative, efficient, and responsible aircraft technology to our airline customers, while providing exceptional aftermarket support," said Costantino Chiancarella, Head of Spares BU and Material Operations at ATR. "By moving our operations to Syncron's Parts Planning solution, we'll enhance service speed and efficiency, maintain our high standards of customer satisfaction, and strengthen partnerships as we continue to grow."

The evolution of Syncron's platform is shaped by the strong partnerships built with customers. Working closely with ATR, Syncron has begun to identify valuable enhancements to implement that meet the unique demands and complexities of the aviation industry. This collaborative approach ensures not only immediate needs are addressed but also continues the drive for innovation, positioning both Syncron and ATR for long-term success in an industry that is constantly transforming.

"At ATR, we know we've found a dedicated partner in Syncron, and are confident this collaboration will lead to a long and mutually beneficial relationship," said Roman Peisson, Head of Inventory Planning at ATR. "When we began our search for a new advanced planning system, our goal was to find a partner that was as invested in our growth as we are. We are excited to have found that with Syncron."

"Precise parts planning is essential in dynamic, complex aftermarket supply chains such as aircraft manufacturing," said Claudine Bianchi, Chief Marketing Officer at Syncron. "Our software gives ATR clarity and control over their inventory data to optimize their service organization, better serve their customers, and accelerate growth. ATR's adoption of Syncron Parts Planning will help them steer their growth in line with their mission for sustainable, continuous innovation, and have a lasting impact on the industry."

About Syncron
Syncron helps manufacturers and distributors capitalize on the new service economy by increasing customer loyalty and optimizing aftermarket profitability. Syncron's integrated, scalable, state-of-the-art Service Lifecycle Management (SLM) cloud platform puts data at the heart of aftermarket operations to unlock service synergies, significant revenue opportunities and help companies differentiate themselves with exceptional aftermarket customer experiences. The world's top brands trust Syncron, making it the largest privately-owned global leader in intelligent SLM SaaS solutions. For more, visit syncron.com.

About ATR
ATR is the world number one regional aircraft manufacturer with its ATR 42 and 72, the best-selling aircraft in the below 90-seat market segment. The unifying vision of the company is to accelerate sustainable connections for people, communities and businesses, no matter how remote. Flown by some 200 airlines in over 100 countries, ATR aircraft opened 160 new routes in 2023, facilitating the development of territories and enabling access to crucial services like healthcare and education. Thanks to ATR's focus on continuous innovation and the intrinsic efficiency of the turboprop technology, ATR aircraft are the most advanced, versatile, cost-effective and lowest-emission regional aircraft on the market, emitting 45% less CO2 than similar-size regional jets. In January 2022, we flew the first ever commercial aircraft using 100% SAF in both engines. ATR is a joint-venture between Airbus and Leonardo.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.